Metro Bank lifts income multiples across residential mortgage range

Published on

Metro Bank has enhanced affordability across its residential mortgage range, increasing income multiples for higher earners and eligible professionals.

The lender has widened access to higher income multiples across its core residential products, allowing borrowers earning £70,000 or more to borrow up to five times income.

Alongside this, customers in select professional occupations — including solicitors, doctors and architects — can now borrow up to six times income, subject to criteria, as part of Metro Bank’s latest affordability changes.

Metro Bank has also reduced stress tests across its two-year fixed rate products, a move designed to improve affordability outcomes and support larger potential loan sizes while maintaining a focus on sustainable lending.

Charles Morley, director of mortgage distribution at Metro Bank, said: “As a specialist lender, we work hard to ensure our product range meets the needs of borrowers today.

“We know that affordability is often the first barrier people face when looking to take that first or next step on the property ladder.

“This is why we have focused on widening access across our residential range, ensuring that our products continue to resonate with our customers while maintaining our commitment to responsible lending.”

The changes build on Metro Bank’s expansion of its specialist mortgage proposition during 2025, which included the relaunch of its Near Prime range and the launch of new HMO and MUFB products.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

‘The Godfather’ joins Mortgage’s Got Talent judging panel

John ‘The Godfather’ Malone has been recruited as a judge for Mortgage’s Got Talent,...

Royal London introduces AI menopause support tool for staff

Royal London has launched an AI-powered tool designed to help employees and managers access...

Your First Home delays could stall first-time buyer market

Delays in launching the government's Your First Home scheme could cause first-time buyers to...

Foundation recruits former Metro Bank BDM to cover eastern region

Foundation has appointed Foz Ahmad as regional account manager for the East, bringing 12...

TMG Mortgage Network strengthens finance team with senior appointment

TMG Mortgage Network has appointed Donna Bibby as head of finance, with responsibility for...

Latest publication

Other news

‘The Godfather’ joins Mortgage’s Got Talent judging panel

John ‘The Godfather’ Malone has been recruited as a judge for Mortgage’s Got Talent,...

Royal London introduces AI menopause support tool for staff

Royal London has launched an AI-powered tool designed to help employees and managers access...

Your First Home delays could stall first-time buyer market

Delays in launching the government's Your First Home scheme could cause first-time buyers to...